Search Results
Iron Ore Pricing In 2010: Mining Companies Wants Iron Ore Price Rise 40 percent
The issue of iron ore pricing in 2010 has begun. Iron ore mining company will deliver iron ore producers to raise iron ore prices by 40 percent. Reasons for iron ore price increase due to the increase in operational funding iron ore production and estimates will be increased demand for iron ore in 2010.
China Steelmaker Compete For Import Of Coking Coal Next Year
China as a country that has the largest steel manufacturer in the world, probably next year will face competition with Japan and South Korea for coking coal. This year China’s coking coal imports increased 12-fold. Increased coking coal imports due to China’s government policy to close some coal mines that are not considered safe in [...]
India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million
India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.
Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010
Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
South Korean Company, Freegood Inc. Take Over Copper Mines From Mining Company Ivanhoe Mines, Mongolia
Freegood Inc., a South Korean venture firm that focuses on the development of natural resources. Freegood has acquired a copper mining company Ivanhoe Mines Mongolia Inc. Copper mine site taken over by Freegood retreat located in truth, Mongolia. Copper mine has reserves estimated at 5 million tons of copper. Freegood funds disbursed about U.S. $ [...]
Rio Tinto To Stop Iron Ore Price Negotiations With China Steelmaker
Detention cases negotiator Rio Tinto mining company by China, is a factor which stop the process of iron ore price negotiations between Rio Tinto and China steel mill. Rio Tinto reported having stopped the talks with China on steel factory iron ore prices.
Rio Selling Iron Ore to China at Interim Price as Talks Stalled
Rio Tinto Group, the world’s third- largest mining company, said it is still selling iron ore to China at a provisional price as benchmark negotiations with the Asian nation remain stalled.
Steelmaker Japanese and Korean Agreed Iron Ore Prices With Brazilian Mining Companies, Vale
The Japanese and Korean steel company has agreed a contract price of iron ore sales for the year 2009. Iron ore price agreed decreased 28.2% compared to 2008. Iron ore prices agreed by Vale with Japanese and Korean steel companies.
The new price for iron-ore fines is 28,2% lower than that for 2008, while the price [...]
